Xponential Fitness LLC 401(k) Review & Grade
Xponential Fitness LLC 401(k) Profit Sharing Plan and Trust
Irvine, CAArts, Entertainment & Recreation650 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,243Employer $ per active participant
$2,618Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$12.7MNet plan assets, end of year
$29,710Average balance per account
Score breakdown
- Employer generosity29.7 / 5059th percentile for employer $ per participant
- Low cost4.0 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 16th |
| Employee saving | 55th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,410,902 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $457,144 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Xponential Fitness put in about $1,243 per active participant, more than the typical peer ($995). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.63% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $808,634 |
| Participant (employee) contributions | $1,703,298 |
| Other contributions (incl. rollovers in) | $313,315 |
| Administrative expenses paid from the plan | $72,183 |
| Investment advisory & management fees | $9,701 |
| Benefits paid out | $1,322,281 |
| Net assets, start / end of year | $10.3M / $12.7M |
| Active participants, start / end of year | 840 / 461 |
| Participants with account balances | 429 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Redwitz, Inc. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $62,482 reported compensation |
| Empower Advisory Group, LLC | $9,701 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007173629NAL0004907249001, received 2025-10-07, EIN 82-2858491, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.